Latest Mining News

Miramar Resources Limited (ASX:M2R) has finalised the sale of its Randalls Project to Ore Resources Ltd (ASX:OR3) for up to AUD 800,000 in cash, shares, milestone payments, and royalties, aligning with its strategy to streamline its exploration portfolio and concentrate on other Western Australian projects.

Rox Resources Limited has executed a A$350 million syndicated debt facility agreement with major banks to fund the development of its Youanmi Gold Project, targeting first gold production by mid-2027.

Capricorn Metals delivered 30,358 ounces of gold in Q3 FY26 at the Karlawinda Gold Project, aligning with its mine plan and progressing the Karlawinda Expansion Project with peak construction activity.

GoldArc Resources (ASX:GA8) has reported consistent high-grade gold intersections from a recent 20-hole RC drilling program at its Eclipse prospect, supporting advancement towards a maiden Mineral Resource Estimate within its Leonora South Gold Project.

Adavale Resources (ASX:ADD) has reported the identification of several high-quality near-mine gold targets at its London-Victoria Gold Mine within the Parkes Gold-Copper Project, NSW, supported by soil geochemistry and drone magnetics. The company plans to commence drilling shortly to test these targets, including a high-priority anomaly at Victoria South with peak soil gold values up to 600ppb Au.

Wildcat Resources Limited (ASX: WC8) has announced a 300m northerly extension of spodumene mineralisation at its Bolt Cutter Central lithium discovery in Western Australia, expanding the known footprint to over 2.3km northwest and up to 800m northeast. Metallurgical drilling has intercepted spodumene in all holes, with further drilling and metallurgical testing planned.

Duketon Mining Limited has started its inaugural drilling campaign at the Barlee Gold Project, targeting multiple significant gold anomalies, while completing reverse circulation drilling at the Boodanoo Project with assay results pending.

Winsome Resources has sent out the Scheme Booklet to shareholders detailing the proposed acquisition by Li-FT Power, setting the stage for key votes in early May. Securityholders must now decide on the future ownership of the company through a formal scheme of arrangement.

Tesoro Gold has issued a replacement Appendix 5B for the December 2025 quarter to correct an administrative error and reclassify certain deposits, ensuring consistency with its audited FY2025 financial statements.

Toro Energy and IsoEnergy have agreed to extend the deadline for their acquisition scheme to June 30, 2026, alongside a $2 million bridging loan to support Toro during the extended process. The deal remains unanimously recommended by Toro’s independent board committee, pending shareholder and court approvals.

Caravel Minerals has extended its Definitive Feasibility Study (DFS) deadline by three months to September 2026 to refine critical water and environmental assessments, while maintaining its regulatory approval target for the end of 2027.

Delta Lithium has issued a formal correction disputing a $93 billion in-ground valuation of rubidium at its Mt Ida project reported by the Australian Financial Review, citing JORC Code compliance. The company urges investors to disregard the figure and requests resumption of trading.